The importance of sales tax registration cannot be understated. Since the South Dakota vs. Wayfair decision, the landscape for multistate sellers has significantly changed. The rules for sales tax nexus have been rewritten, and companies that previously did not have
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New IRS Filing Requirement for US LLC’s classified as “Disregarded Entities”
In December 2016, final regulations were passed by the IRS requiring foreign-owned US Disregarded Entities, ex. LLC’s, to file an information return, Form 5472, with the IRS. Continue reading: Read more...